
Bombay Coated & Special Steels IPO — what the RHP actually says
ForgeUp Prime · IPO Report Bombay Coated & Special Steels IPO — what the RHP actually says ₹183.06 crore, entirely fresh capital, bidding 29 October to 2 November 2026 at a band of ₹78–82. The promoters are selling nothing — and the iss…
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What is in every Prime report
Where the money actually goes
Fresh issue against offer for sale, in rupees and percent. The most misunderstood number in an Indian IPO, on the second screen rather than page four.
Did the profit become cash
Cash from operations against reported profit, three years. The clearest early signal there is, and almost nobody prints it.
What insiders paid
The promoters' own cost against the price band, and any bonus or split in the twelve months before the offer.
What the auditor said
Qualifications and emphasis of matter, quoted verbatim, with contingent liabilities set against net worth.
Pictures from the document
The products, the plant, the tables — lifted from the filing itself, each captioned with the page it came from so you can check it.
Written for a human
Every term explained where it appears. No finance degree, no glossary, no jargon doing the work of an argument.
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